You are on page 1of 14

Report Id : REP-BR-81

Published On : July-2015
Category : Chemicals & Materials

Automotive Plastics Market: BRIC Industry Analysis and


Opportunity Assessment 2015 - 2020

About

Future Market Insights


Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting
services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes,
technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and
Retail.
We have a global presence with delivery centers across India specializing in providing global research reports and country
research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India.
We combine our knowledge and learning from every corner of the world to distill it to one thing the perfect solution for
our client.

Research Capabilities

Customized Research
Syndicated Research
Investment Research
Social Media Research

Sector Coverage

Automotive and Transportation


Electronics, Semiconductor, and ICT
Retail and Consumer Products
Industrial Automation and Equipment

Customized
Research

Subscription Information

Syndicated
Research

For detailed subscription information please contact

Investment
Research

T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268

Social Media
Research

Hari. T (Sr. Manager - Global Business Development)

Email: hari.t@futuremarketinsights.com

Chemicals & Materials


Food and Beverages
Services and Utilities
Energy, Mining, Oil, and Gas

Research Methodology (1/2)

SYSTEMMATIC RESEARCH APPROACH

Market Profiling

Formulating discussion
guide

Developing list of
respondents

Data
Collection

In-depth secondary research is used to arrive at


overall market size, top industry players, top
products, industry associations, etc

In order to conduct expert and industry interviews,


FMI formulates a detailed discussion guide

Identifying key opinion leaders

Questionnaire design

In depth interviews

Coverage across value chain

Data Filter
& Analysis

Research & Actionable


Intelligence
Insights

A
Primary
Research

List of industry players (manufacturers),


distributors, retailers, industry experts

SOLUTION

Data Collection

Data Validation

Data Analysis

Insights

FMI conducts interviews with industry experts,


industry players, distributors and retailers

Data is validated by triangulation method, in which


secondary, primary and FMIs analysis contribute
to the final data

The data is scrutinized using M S-Excel, to find


qualitative and quantitative insights about the
industry

FMI delivers industry insights and information in


the required format (pdf)

Business
Solution

Market Participants

Key Strengths

Product Portfolio

Mapping as per value chain

Key focus segments

Primary Research #

Linkedin
Zoominfo
Salesforce
Hoovers
Onesource

B
Desk
Research

Company
Analysis

Key Industry Experts

Channel Study

Developments

Market Dynamics

Products

Conclusions

Paid Publications#

Secondary Research #
Company Websites
Company Annual
Reports
White Papers
Financial Reports

Factiva
GBI
Genios
Meltwater

# includes sources of
databases

BRIC Automotive Plastic Market Analysis and Forecast

BRIC Automotive Plastics Market Forecast to Expand at a CAGR of 15.4% Between 2015 and 2020,
with China Dominating Throughout the Forecast Period
Future Market Insights, a U.K. based global market research firm, announces the release of its latest
report titled, Automotive Plastics Market: BRIC Industry Analysis and Opportunity Assessment 2015
- 2020. According to the report, the BRIC automotive plastics market was valued at US$ 11,244.4
million in 2014, and is projected to register a compound annual growth rate (CAGR) of 15.4% during
forecast period 2015 - 2020.
Automotive plastics are used to manufacture various components such as lighting systems, seating
systems, automotive carpets and upholstery, bumpers, etc. The versatile properties of plastics such as
easy moldability, durability, scratch resistance, thermal stability, impact strength and resistance to
abrasions gives this material an edge over others, making it ideal for manufacturing automobile
components. Apart from this, reduction in manufacturing cost, durability and increased strength of
plastics has encouraged manufacturers to use this material for three major applications in
automobiles such as exterior, interior and under-bonnet components. Manufacturers use plastics for
various components under these three applications including as a substitute for steel in vehicle doors,
bumpers, fenders and other automotive components.

BRIC Automotive Plastic Market Analysis and Forecast

Interior application segment accounted for higher revenue as compared to exterior and under-bonnet
component segments in the BRIC automotive plastics market in 2014. Among all plastic material
types, polypropylene (PP) leads in terms of consumption with 31%, followed by polyurethanes (PU),
acrylonitrile butadiene styrene (ABS) and polycarbonates (PC). This is attributed to the various
properties exhibited such as easy forming and lightweight as compared to metals. The PP segment is
projected to dominate the BRIC automotive plastics market throughout the forecast period due to
increasing penetration of premium cars in the region, whilst ABS is expected to register highest CAGR
among all other plastic materials due to increasing usage in vehicle interiors. The passenger vehicle
segment is expected to register a CAGR of 17%, making it the fastest growing segment when
compared to the commercial vehicle segment. Growth of the aftermarket segment in the BRIC
automotive plastics market is fuelled by replacement of old or damaged parts and increasing number
of vehicle in operation due to increasing cab/rental car services across the globe.
Growth of BRIC automotive plastics market is driven by various factors such as growing demand for
passenger vehicles, rising export of automotive plastics components and stringent government
regulations to control vehicular emissions. In India by the end of 2016, the Bharat Stage-IV vehicle
emission regulations and fuel quality standards is expected to be implemented in 50 major cities.
These norms will prompt Original Equipment Manufacturers to produce more plastic components for
application in vehicles.

BRIC Automotive Plastic Market Analysis and Forecast

Though the market is promising in terms of return on investment (ROI), patents and regulatory
hurdles along with global shift towards bio-based plastic materials could pose a challenge to the BRIC
automotive plastics market.
Browse Full: "Automotive Plastics Market: BRIC Industry Analysis and Opportunity Assessment 2015
- 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/bricautomotive-plastics-market
The BRIC automotive plastics market is fragmented in nature, with numerous domestic and global
players in the market. This makes it a considerably high growth potential market. Recently, the Indian
government announced the Automotive Mission Plan (AMP) II, 201626 under Make in India
campaign, which is expected to be finalized by the end of 2015. This plan focuses on development of
auto parks, establishment of advanced automotive training institutes and auto design centres. These
factors are expected to fuel growth of the BRIC automotive plastics market over the forecast period.
The report offers insights and analyses key strategies of companies and provides the financial outlook
of the automotive plastic market. The reports covers key players such as Reliance Industries Limited,
Bayer Material Science, BASF, Dow Chemical International Private Limited and also automotive plastic
component manufacturers such as Lear Corporation, Faurecia Pvt. Ltd.

Table of Content

1. Executive Summary
2. Research Methodology and Assumptions
3. Assumptions & Acronyms Used

4. BRIC Automotive Plastic Market Overview


4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Plastic Materials and their Application in Different Automotive Components
4.1.3. Automotive Weight Reduction Strategies by Introducing Lightweight Material
Components
4.1.4. Lightweight Materials Used in Vehicles
4.2. BRIC Automotive Plastic Market Dynamics
4.2.1. Driver
4.2.2. Restraints

Table of Content

4.3. BRIC Automotive Plastic Market Value Chain


4.4. BRIC Automotive Plastics Market Trends

4.5. BRIC Automotive Plastic Market Size & Forecast


4.5.1. BRIC Automotive Plastic Market Y-o-Y Growth
4.5.2. Absolute $ Opportunity
5. BRIC Automotive Plastic Market Analysis and Forecast, By Region
5.1. Introduction
5.1.1. BPS Analysis, By Region
5.1.2. Y-o-Y Growth Comparison, By Region
5.1.3. Absolute $ Opportunity, by Region
5.1.4. Value and Volume Forecast, By Region
5.2. Trends

Table of Content

6. BRIC Automotive Plastic Market Analysis and Forecast, By Vehicle Types


6.1. Introduction
6.1.1. BPS Analysis, By Vehicle Types
6.1.2. Y-o-Y Growth Comparison, By Vehicle Types
6.1.3. Absolute $ Opportunity, By Vehicle Types
6.1.4. Value and Volume Forecast, By Vehicle Types
6.2. Trends
7. BRIC Automotive Plastic Market Analysis and Forecast, By Channel
7.1. Introduction
7.1.1. BPS Analysis, By Channel
7.1.2. Y-o-Y Growth Comparison, By Channel
7.1.3. Absolute $ Opportunity, By Channel
7.1.4. Value and Volume Forecast, By Channel
7.2. Trends

Table of Content

8. BRIC Automotive Plastic Market Analysis and Forecast, By Application


8.1. Introduction
8.1.1. BPS Analysis, By Application
8.1.2. Y-o-Y Growth Comparison, By Application
8.1.3. Absolute $ Opportunity, By Application
8.1.4. Value and Volume Forecast, By Application
8.2. Trends
9. BRIC Automotive Plastic Market Analysis and Forecast, By Product Type
9.1. Introduction
9.1.1. BPS Analysis, By Product Type
9.1.2. Y-o-Y Growth Comparison, By Product Type
9.1.3. Absolute $ Opportunity, By Product Type
9.1.4. Value and Volume Forecast, By Product Type
9.2. Trends

Table of Content

10. Brazil Automotive Plastic Market Overview

10.1. Brazil Automotive Plastic - PESTEL Analysis


10.2. Brazil Automotive Plastic Market Analysis and Forecast, By Vehicle Type
10.2.1. Introduction
10.2.2. BPS Analysis, By Vehicle Type
10.2.3. Brazil Automotive Plastic Market Size And Forecast, By Vehicle Type
10.2.3.1. Passenger Vehicle
10.2.3.2. Commercial Vehicle
10.3. Brazil Automotive Plastic Market Size And Forecast, By Channel
10.3.1. Introduction
10.3.2. BPS Analysis, By Channel
10.3.3. Brazil Automotive Plastic Market Size And Forecast, By Channel
10.3.3.1. OEM
10.3.3.2. Aftermarket

Table of Content

10.4. Brazil Automotive Plastic Market Size And Forecast, By Application Type
10.4.1. Introduction
10.4.2. BPS Analysis, By Application Type
10.4.3. Brazil Automotive Plastic Market Size And Forecast, By Application Type
10.4.3.1. Interior
10.4.3.2. Exterior
10.4.3.3. Under Bonnet
10.5. Brazil Automotive Plastic Market Analysis and Forecast, By Product Type
10.5.1. Introduction
10.5.2. BPS Analysis, By Product Type
10.5.3. Brazil Automotive Plastic Market Size And Forecast, By Product Type
10.5.3.1. Polypropylene
10.5.3.2. Polyurethane
10.5.3.3. Polycarbonates
10.5.3.4. Polyvinyl Chloride
10.5.3.5. Acrylonitrile Butadiene Styrene
10.5.3.6. Others

Table of Content
11. Competitive Landscape
11.1. Competition Dashboard

11.2. Company Profiles (Details Overview, product portfolio, financials, developments, SWOT
analysis)
11.2.1. Bayer Material Science
11.2.2. Lynodell Basell
11.2.3. Dow Chemicals Company
11.2.4. Polyplastic Group
For more insights on the BRIC Automotive Plastics Market, you can request a report sample with
full TOC at http://www.futuremarketinsights.com/reports/sample/rep-br-81

Thank You!

To know more about us, please visit our website:


www.futuremarketinsights.com
For sales queries or new topics email us on:
sales@futuremarketinsights.com
For other queries contact: Hari. T (Sr. Manager - Global Business Development)
Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: hari.t@futuremarketinsights.com

You might also like